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Crypto Market Chaos & The Ethereum vs Solana Debate
Manage episode 434146700 series 2981868
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Join Matt and Nick as they break down crypto’s chaotic week. They also discuss Ethereum vs Solana, the Ethereum ETFs, the SEC vs Ripple Labs court ruling, and more.
Key Takeaways
- The market bounced strongly off last week’s lows of less than $50,000 for BTC. For now, it appears the technical reasons for the flash crash have passed.
- Kamala Harris overtook Donald Trump in U.S. election prediction markets for the first time. This likely contributed to last week’s sell-off, given that a would-be Trump win would likely bolster risk assets.
- Solana is catching Ethereum across a number of key adoption metrics. There is a strong argument that both can do well in the long term.
- Among the altcoin updates covered: XRP soars after SEC vs Ripple Labs judgment and Arbitrum to be used by Franklin Templeton.
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